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Consolidating Ahead Of Further.........>

SILVER TECHS
SILVER TECHS: Consolidating Ahead Of Further Downside
*RES 4: $15.671 - High July 26 
*RES 3: $15.610 - High July 31 
*RES 2: $15.554 - High Aug 3 
*RES 1: $14.551 - 21-DMA 
*PRICE: $14.163 @ 05:35 GMT 
*SUP 1: $14.000 - Support 
*SUP 2: $13.984 - Low Aug 26 2015 
*SUP 3: $11.750 - Low Apr 21 2009 
*SUP 4: $8.4600 - Low Oct 31 2008 
Further downside looks likely for silver following four consecutive days of
sideways trading. A break below $14 would open up the Aug 2015 lows and
potentially a return to levels not seen for almost a decade. Bulls need to
defend the $14 level and recover the 21-dma to prevent further chart damage and
mount a recovery. 

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